81 FR 59247 - Submission for OMB Review; Comment Request
NATIONAL CREDIT UNION ADMINISTRATION Federal Register Volume 81, Issue 167 (August 29, 2016)
Federal Register Volume 81, Issue 167 (August 29, 2016)
| Page Range | 59247-59248 | |
| FR Document | 2016-20649 |
[Federal Register Volume 81, Number 167 (Monday, August 29, 2016)] [Notices] [Pages 59247-59248] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-20649] ======================================================================= ----------------------------------------------------------------------- NATIONAL CREDIT UNION ADMINISTRATION Submission for OMB Review; Comment Request AGENCY: National Credit Union Administration (NCUA). ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The National Credit Union Administration (NCUA) will be submitting the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104-13, on or after the date of publication of this notice. DATES: Comments should be received on or before September 28, 2016 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for NCUA, New Executive Office Building, Room 10235, Washington, DC 20503, or email at [email protected] and (2) NCUA PRA Clearance Officer, 1775 Duke Street, Alexandria, VA 22314, Suite 5067, or email at [email protected]. FOR FURTHER INFORMATION CONTACT: Copies of the submission may be obtained by emailing [email protected] or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: OMB Number: 3133-0004. Type of Review: Revision of a previously approved collection. Title: NCUA Call Report and Profile. Form: NCUA Forms 5300 and 4501A. Abstract: NCUA Form 5300, Call Report, is used to file quarterly financial and statistical data and NCUA Form 4501A, Credit Union Profile, is used to obtain non-financial data relevant to regulation and supervision such as the names of senior management and volunteer officials, and are reported through NCUA's on-line portal, Credit Unions Online. This information collection is being revised to remove data elements associated with the reporting of Credit Union Service Organizations (CUSO). In early 2016, reporting of CUSOs was conducted separately from the Call Report and Profile through the new CUSO Registry portal (OMB No. 3133-0149). To eliminate duplicate reporting and reduce the burden associated with this collection, NCUA is removing the CUSO identification section from the Call Report and reporting of CUSO usage from the Profile. Affected Public: Private Sector: Not-for-profit institutions. Estimated Annual Burden Hours: 144,504. OMB Number: 3133-0032. [[Page 59248]] Type of Review: Extension of a previously approved collection. Title: Records Preservation, 12 CFR part 749. Abstract: Part 749 requires all federally insured credit unions (FICUs) to maintain a records preservation program. The program must be in writing and include a schedule for the storage and destruction of records and emergency contact information for employees, officials, regulatory offices, and vendors used to support vital records. The records preservation program requirement enables FICUs to reconstruct their vital records in the event records are destroyed by a catastrophe and facilitates restoration of vital member services. Affected Public: Private Sector: Not-for-profit institutions. Estimated Annual Burden Hours: 12,074. OMB Number: 3133-0059. Type of Review: Extension of a previously approved collection. Title: Supervisory Committee Audits and Verifications, 12 CFR part 715. Abstract: Part 715 prescribes the responsibilities of the supervisory committee to obtain an audit of the credit union and verification of member accounts. A supervisory committee audit is required at least once every calendar year covering the period since the last audit and to conduct a verification of members' accounts not less frequently than once every two years. The information is used by both the credit union and the NCUA to ensure through audit testing that the credit union's assets, liabilities, equity, income, and expenses exist, are properly valued, controlled and meet ownership, disclosure and classification requirements of sound financial reporting. Affected Public: Private Sector: Not-for-profit institutions. Estimated Annual Burden Hours: 38,693. OMB Number: 3133-0114. Type of Review: Extension of a previously approved collection. Title: Payments on Shares by Public Units and Nonmembers. Abstract: Under Sec. 701.32, a Federal Credit Union may receive from public units and political subdivisions (as defined in Sec. 754.1) and nonmember credit unions, payments on shares. Limitations on nonmember and public unit deposits in federally insured credit unions is 20 percent of their shares or $3 million, whichever is greater. The information collection requirements is for those credit unions seeking an exemption from the nonmember deposit limit must adopt a specific written plan concerning the intended use of those shares and submit along with their lending and investment policies to the NCUA Regional Director. NCUA uses this information to determine whether or not a particular credit union will be granted an exemption to the limit on nonmember and public unit deposits. Affected Public: Private Sector: Not-for-profit institutions. Estimated Annual Burden Hours: 82. By Gerard Poliquin, Secretary of the Board, the National Credit Union Administration, on August 24, 2016. Dated: August 24, 2016. Dawn D. Wolfgang, NCUA PRA Clearance Officer. [FR Doc. 2016-20649 Filed 8-26-16; 8:45 am] BILLING CODE 7535-01-P
![Federal Register / Vol. 81, No. 167 / Monday, August 29, 2016 / Notices 59247
meeting of the Chief FOIA Officer including the labor, business, research, SUMMARY: The National Credit Union
Council. Additional details about the academic and government communities, Administration (NCUA) will be
meeting will be announced on OIP’s on matters related to the analysis, submitting the following information
Web sites at: https://www.justice.gov/ dissemination, and use of the Bureau’s collection requests to the Office of
oip. statistics, on its published reports, and Management and Budget (OMB) for
DATES: The meeting will be on on gaps between or the need for new review and clearance in accordance
September 15, 2016, at 10:00 a.m. EDT. Bureau statistics. with the Paperwork Reduction Act of
The Committee will function solely as 1995, Public Law 104–13, on or after the
You must register for the meeting by
an advisory body to the BLS, on date of publication of this notice.
5:00 p.m. EDT on September 7, 2016.
technical topics selected by the BLS. DATES: Comments should be received on
ADDRESSES: GSA Central Office, 1800 F The Committee is responsible for
Street NW., Washington, DC 20405. or before September 28, 2016 to be
providing the Commissioner of Labor
assured of consideration.
FOR FURTHER INFORMATION CONTACT: OIP Statistics: (1) The priorities of data
by mail at Department of Justice; Office users; (2) suggestions concerning the ADDRESSES: Send comments regarding
of Information Policy; 1425 New York addition of new programs, changes in the burden estimate, or any other aspect
Avenue NW., Suite 11050, Washington, the emphasis of existing programs or of the information collection, including
DC 20530–001, by telephone at 202– cessation of obsolete programs; and (3) suggestions for reducing the burden, to
514–3642, or by email at advice on potential innovations in data (1) Office of Information and Regulatory
DOJ.OIP.FOIA@usdoj.gov with the analysis, dissemination and Affairs, Office of Management and
subject line: ‘‘Chief FOIA Officer presentation. The Committee reports to Budget, Attention: Desk Officer for
Council.’’ the Commissioner of Labor Statistics, NCUA, New Executive Office Building,
Bureau of Labor Statistics, U.S. Room 10235, Washington, DC 20503, or
SUPPLEMENTARY INFORMATION: email at OIRA_Submission@
Additional details about the meeting Department of Labor.
The Committee will not exceed 20 OMB.EOP.gov and (2) NCUA PRA
will be announced on OIP’s Web sites Clearance Officer, 1775 Duke Street,
at: https://www.justice.gov/oip. members. Committee members are
nominated by the Commissioner of Alexandria, VA 22314, Suite 5067, or
Additional Information: The Council email at PRAComments@ncua.gov.
welcomes the attendance of the public Labor Statistics and approved by the
at this meeting and will make every Secretary of Labor. Membership of the FOR FURTHER INFORMATION CONTACT:
effort to accommodate persons with Committee will represent a balance of Copies of the submission may be
physical disabilities or special needs. If expertise across a broad range of BLS obtained by emailing PRAComments@
you require special accommodations, program areas, including employment ncua.gov or viewing the entire
please indicate your requirements on and unemployment statistics, information collection request at
the online registration form. occupational safety and health statistics, www.reginfo.gov.
compensation measures, price indexes, SUPPLEMENTARY INFORMATION:
Dated: August 23, 2016. and productivity measures; or other
Carmen L. Mallon, OMB Number: 3133–0004.
areas related to the subject matter of Type of Review: Revision of a
Chief of Staff, Office of Information Policy. BLS programs. All committee members previously approved collection.
[FR Doc. 2016–20612 Filed 8–26–16; 8:45 am] will have extensive research or practical
Title: NCUA Call Report and Profile.
BILLING CODE 4410–BE–P experience using BLS data. The
Form: NCUA Forms 5300 and 4501A.
Committee will function solely as an
Abstract: NCUA Form 5300, Call
advisory body, in compliance with the
Report, is used to file quarterly financial
DEPARTMENT OF LABOR provisions of the Federal Advisory
and statistical data and NCUA Form
Committee Act. The Charter will be
4501A, Credit Union Profile, is used to
Bureau of Labor Statistics filed under the Federal Advisory
obtain non-financial data relevant to
Committee Act.
Intent To Renew the Bureau of Labor regulation and supervision such as the
FOR FURTHER INFORMATION CONTACT: Lisa names of senior management and
Statistics Data Users Advisory Fieldhouse, Office of the Commissioner,
Committee volunteer officials, and are reported
Bureau of Labor Statistics, telephone: through NCUA’s on-line portal, Credit
The Secretary of Labor is announcing 202–691–5025, email: Fieldhouse.Lisa@ Unions Online. This information
the intent to renew a Federal Advisory bls.gov. collection is being revised to remove
Committee. In accordance with the Signed at Washington, DC, this 24th day of data elements associated with the
provisions of the Federal Advisory August 2016. reporting of Credit Union Service
Committee Act (FACA), 5 U.S.C. App. 2, Kimberley D. Hill, Organizations (CUSO). In early 2016,
the Secretary of Labor has determined Chief, Division of Management Systems, reporting of CUSOs was conducted
that the renewal of the Bureau of Labor Bureau of Labor Statistics. separately from the Call Report and
Statistics Data Users Advisory [FR Doc. 2016–20640 Filed 8–26–16; 8:45 am] Profile through the new CUSO Registry
Committee (the ‘‘Committee’’) is in the BILLING CODE 4510–24–P portal (OMB No. 3133–0149). To
public interest in connection with the eliminate duplicate reporting and
performance of duties imposed upon the reduce the burden associated with this
Commissioner of Labor Statistics by 29 NATIONAL CREDIT UNION collection, NCUA is removing the CUSO
U.S.C. 1 and 2. This determination identification section from the Call
jstallworth on DSK7TPTVN1PROD with NOTICES
ADMINISTRATION
follows consultation with the Report and reporting of CUSO usage
Committee Management Secretariat, Submission for OMB Review; from the Profile.
General Services Administration. Comment Request Affected Public: Private Sector: Not-
The Committee provides advice to the AGENCY: National Credit Union for-profit institutions.
Bureau of Labor Statistics from the Administration (NCUA). Estimated Annual Burden Hours:
points of view of data users from 144,504.
ACTION: Notice.
various sectors of the U.S. economy, OMB Number: 3133–0032.
VerDate Sep<11>2014 15:27 Aug 26, 2016 Jkt 238001 PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 E:\FR\FM\29AUN1.SGM 29AUN1](https://thefederalregister.org/doc/81_FR_59414/page/1.svg)
![59248 Federal Register / Vol. 81, No. 167 / Monday, August 29, 2016 / Notices
Type of Review: Extension of a concerning the intended use of those and women-owned business in all
previously approved collection. shares and submit along with their business and activities of the agency at
Title: Records Preservation, 12 CFR lending and investment policies to the all levels, including in procurement,
part 749. NCUA Regional Director. NCUA uses insurance, and all types of contracts.
Abstract: Part 749 requires all this information to determine whether NCUA has developed the Contractor
federally insured credit unions (FICUs) or not a particular credit union will be Profile form that will be completed by
to maintain a records preservation granted an exemption to the limit on a contractor to ensure the fair inclusion
program. The program must be in nonmember and public unit deposits. and utilization of minorities and women
writing and include a schedule for the Affected Public: Private Sector: Not- in the workforce of the contractor and,
storage and destruction of records and for-profit institutions. as applicable, subcontractor. The
emergency contact information for Estimated Annual Burden Hours: 82. Contractor Profile form will include a
employees, officials, regulatory offices, By Gerard Poliquin, Secretary of the series of questions covering a
and vendors used to support vital Board, the National Credit Union contractor’s, and, as applicable, a
records. The records preservation Administration, on August 24, 2016. subcontractor’s diversity strategies,
program requirement enables FICUs to Dated: August 24, 2016. policies, recruitment, succession
reconstruct their vital records in the Dawn D. Wolfgang, planning, and outreach. The
event records are destroyed by a information provided will be used by
NCUA PRA Clearance Officer.
catastrophe and facilitates restoration of NCUA to determine if good faith efforts
[FR Doc. 2016–20649 Filed 8–26–16; 8:45 am]
vital member services. are met and to fulfill statutory
Affected Public: Private Sector: Not- BILLING CODE 7535–01–P
requirements of the Act. Determinations
for-profit institutions. are valid for a two-year period.
Estimated Annual Burden Hours:
12,074. NATIONAL CREDIT UNION Type of Review: New collection.
OMB Number: 3133–0059. ADMINISTRATION Affected Public: Private Sector:
Type of Review: Extension of a Businesses or other for-profits.
previously approved collection. Agency Information Collection
Title: Supervisory Committee Audits Activities: Proposed Collection; Estimated No. of Respondents: 50.
and Verifications, 12 CFR part 715. Comment Request; Contractor Profile Estimated Annual Frequency: 1.
Abstract: Part 715 prescribes the AGENCY: National Credit Union Estimated Annual No. of Responses:
responsibilities of the supervisory Administration (NCUA). 50.
committee to obtain an audit of the ACTION: Notice and request for comment.
credit union and verification of member Estimated Burden Hours per
accounts. A supervisory committee Response: 0.75.
SUMMARY: NCUA, as part of its
audit is required at least once every continuing effort to reduce paperwork Estimated Total Annual Burden
calendar year covering the period since and respondent burden, invites the Hours: 38.
the last audit and to conduct a general public and other Federal Request for Comments: Comments
verification of members’ accounts not agencies to comment on a new submitted in response to this notice will
less frequently than once every two collection of information, as required by be summarized and included in the
years. The information is used by both the Paperwork Reduction Act of 1995 request for Office of Management and
the credit union and the NCUA to (Pub. L. 104–13, 44 U.S.C. Chapter 35). Budget approval. All comments will
ensure through audit testing that the DATES: Written comments should be become a matter of public record. The
credit union’s assets, liabilities, equity, received on or before October 28, 2016 public is invited to submit comments
income, and expenses exist, are to be assured consideration. concerning: (a) Whether the collection
properly valued, controlled and meet ADDRESSES: Interested persons are of information is necessary for the
ownership, disclosure and classification invited to submit written comments on proper performance of the function of
requirements of sound financial the information collection to Dawn the agency, including whether the
reporting. Wolfgang, National Credit Union information will have practical utility;
Affected Public: Private Sector: Not- (b) the accuracy of the agency’s estimate
Administration, 1775 Duke Street,
for-profit institutions. of the burden of the collection of
Estimated Annual Burden Hours: Alexandria, Virginia 22314, Suite 5067;
Fax No. 703–519–8579; or Email at information, including the validity of
38,693.
PRAComments@NCUA.gov. the methodology and assumptions used;
OMB Number: 3133–0114.
Type of Review: Extension of a FOR FURTHER INFORMATION CONTACT: (c) ways to enhance the quality, utility,
previously approved collection. Requests for additional information and clarity of the information to be
Title: Payments on Shares by Public should be directed to the address above. collected; and (d) ways to minimize the
Units and Nonmembers. SUPPLEMENTARY INFORMATION:
burden of the collection of the
Abstract: Under § 701.32, a Federal OMB Number: 3133–NEW. information on the respondents,
Credit Union may receive from public Title: Contractor Profile. including the use of automated
units and political subdivisions (as Abstract: In January 2011, NCUA collection techniques or other forms of
defined in § 754.1) and nonmember created the Office of Minority and information technology.
credit unions, payments on shares. Women Inclusion (OMWI), as mandated By Gerard Poliquin, Secretary of the
Limitations on nonmember and public by sec. 342 of the Dodd-Frank Wall Board, the National Credit Union
jstallworth on DSK7TPTVN1PROD with NOTICES
unit deposits in federally insured credit Street Reform and Consumer Protection Administration, on August 24, 2016.
unions is 20 percent of their shares or Act (‘‘Act’’) (Pub. L. 111–203). As Dated: August 24, 2016.
$3 million, whichever is greater. The prescribed by sec. 342(c) of the Act,
Dawn D. Wolfgang,
information collection requirements is OMWIs shall develop and implement
for those credit unions seeking an standards and procedures to ensure the NCUA PRA Clearance Officer.
exemption from the nonmember deposit fair inclusions and utilization of [FR Doc. 2016–20650 Filed 8–26–16; 8:45 am]
limit must adopt a specific written plan minorities, women, and minority-owned BILLING CODE 7535–01–P
VerDate Sep<11>2014 15:27 Aug 26, 2016 Jkt 238001 PO 00000 Frm 00071 Fmt 4703 Sfmt 9990 E:\FR\FM\29AUN1.SGM 29AUN1](https://thefederalregister.org/doc/81_FR_59414/page/2.svg)
Document Created: 2016-08-26 23:50:07
Document Modified: 2016-08-26 23:50:07
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Comments should be received on or before September 28, 2016 to be assured of consideration. | |
| Contact | Copies of the submission may be obtained by emailing [email protected] or viewing the entire information collection request at www.reginfo.gov. | |
| FR Citation | 81 FR 59247 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR